if an Illinois reat estate licensee has an ownership interest in a property being sold and has falled to inform the purchaser of such interest, the licensee O A. cannot collecta sates commission on the self-owned portion. has acted unethically, but not llegally has committed an legal act and is subject to disciplinary action has not erred untess the licensee ownership interest is greater than 50% C. OD.
if an Illinois reat estate licensee has an ownership interest in a property being sold and has falled to inform the purchaser of such interest, the licensee O A. cannot collecta sates commission on the self-owned portion. has acted unethically, but not llegally has committed an legal act and is subject to disciplinary action has not erred untess the licensee ownership interest is greater than 50% C. OD.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![if an Illinois reat estate licensee has an ownership interest in a property being sold and has falled to inform the purchaser of such interest, the licensee
O A.
cannot collecta sates commission on the self-owned portion.
has acted unethically, but not llegally
has committed an legal act and is subject to disciplinary action
has not erred untess the licensee ownership interest is greater than 50%
C.
OD.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb171f7f-c7bd-44f8-8b5b-d28a45b00612%2F068d6bef-9a36-431e-b3a3-6b1595836d6c%2Fmvq3bbq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:if an Illinois reat estate licensee has an ownership interest in a property being sold and has falled to inform the purchaser of such interest, the licensee
O A.
cannot collecta sates commission on the self-owned portion.
has acted unethically, but not llegally
has committed an legal act and is subject to disciplinary action
has not erred untess the licensee ownership interest is greater than 50%
C.
OD.
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